Ken Xie - Aug 18, 2022 Form 4 Insider Report for Fortinet, Inc. (FTNT)

Role
President & CEO, Director
Signature
/s/ Robert Turner, by power of attorney
Stock symbol
FTNT
Transactions as of
Aug 18, 2022
Transactions value $
$1,429,800
Form type
4
Date filed
8/18/2022, 07:07 PM
Previous filing
Aug 3, 2022
Next filing
Nov 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTNT Common Stock Options Exercise $1.43M +300K +0.48% $4.77 63.2M Aug 18, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FTNT Nonqualified Stock Option (right to buy) Options Exercise $0 -300K -100% $0.00* 0 Aug 18, 2022 Common Stock 300K $4.77 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person's holdings have been adjusted to reflect the 5-for-1 stock split of the Issuer's common stock that occurred on June 22, 2022.
F2 The number of shares subject to the option and the exercise price of the option have been adjusted to reflect the 5-for-1 stock split of the Issuer's common stock that occurred on June 22, 2022.
F3 The options are fully vested.